NSE: AFFORDABLE · BSE: 541402
AFFORD ROBO & AUTO LTD
Sells robotics and automation systems, primarily on a project basis, with the FY26 consolidated business generating ₹117.67 crore in revenue and a net profit of ₹6.97 crore. FY26 standalone revenue declined about 31% from ₹16,068.86 lakhs in FY25 to ₹11,093.36 lakhs, a drop the company describes as calibrated project execution. Despite the lower revenue, standalone EBITDA margin expanded from roughly 9% to 14.5% (about 550 basis points), lifting standalone PAT 16% to ₹695.90 lakhs. The group has five subsidiaries including ARAPL Intelligent Equipment Shanghai and ARAPL North America LLC, giving it overseas design and distribution reach. Through its subsidiary ARAPL Raas it operates the Humro autonomous robotics brand, which has early deployments with Fortune 50 companies and is in advanced talks for a US partnership aimed at cutting delivery lead times from four months to about 15 days. Consolidated results swung from a ₹1,164.88 lakh loss in FY25 to a ₹697.11 lakh profit in FY26. Materials are the largest input cost at 59.4% of revenue, followed by employees at 15.4%. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Standalone robotics and automation projects, Subsidiary Humro autonomous robotics. Project-based robotics and automation; small-cap with lumpy, calibration-driven revenue and concentrated promoter ownership.
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 81 | 114 | 163 | 163 | 118 |
| EBITDA (ex other income) | — | — | — | (3) | 14 |
| margin % | — | — | — | (2.0) | 11.8 |
| Owners' profit | — | — | — | 0 | 7 |
| EPS, as reported (₹) | 2.33 | 2.12 | 6.29 | (10.36) | 6.20 |
| ROE % · ROCE % | — · 6.8 | — · 7.9 | — · 9.3 | (11.6) · (3.4) | 6.3 · 10.4 |
| Debt / equity (x) | — | — | — | 0.55 | 0.62 |
| Cash from operations | 1 | (0) | (9) | (6) | 7 |
| Capex | — | — | — | (10) | (5) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 44 | 34 | 84 | 19 | 28 | 20 | 51 | 11 |
| Profit before tax | (12) | (2) | 5 | (4) | 5 | 1 | 7 | (5) |
| Net profit | — | (2) | 2 | (4) | 5 | 1 | 5 | (5) |
| EPS (₹) | 0.00 | (1.48) | 2.04 | (3.28) | 4.06 | 1.16 | 4.25 | (4.05) |
Exhibit 3: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 8 Oct 2026 · Routine filing of share dematerialisation certificate for Jul-Sep 2026 | compliance | minimal | — | — |
| 1 Oct 2026 · 17th AGM: All 7 resolutions passed with 99.99 percent approval | board shareholder meetings | low | — | — |
| 30 Sept 2026 · Affordable Robotic holds 17th AGM; voting results pending | board shareholder meetings | medium | — | — |
| 24 Sept 2026 · Promoter converts warrants into equity shares via loan adjustment | fund raising | high | — | — |
| 23 Sept 2026 · Trading Window Closure for Q2 FY27 Results | compliance | minimal | — | — |
| 17 Sept 2026 · Affordable Robotic bags domestic order worth around 11 crores for robotic welding line | business updates | medium | — | — |
| 10 Sept 2026 · ARAPL bags two robotic welding orders worth about Rs 10 crore | business updates | medium | — | — |
| 8 Sept 2026 · Newspaper ad published for 17th AGM notice, e-voting and book closure | compliance | minimal | — | — |
| 8 Sept 2026 · 17th AGM on Sep 30, 2026 with new ESOP 2026 plan and director reappointment | board shareholder meetings | low | — | — |
| 8 Sept 2026 · Received purchase order worth Rs 13.66 cr for robotic welding line | business updates | medium | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.